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Nonprofiteer
← UPSON ELECTRIC MEMBERSHIP CORPORATION

Form 990 for tax year 2025

Filed by UPSON ELECTRIC MEMBERSHIP CORPORATION.

Totals

Total revenue
$21,476,872
Total expenses
$21,476,872
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$21,092,000
Investment income
$357,174
Other revenue
$27,698
Total assets, end of year
$46,153,448
Total liabilities, end of year
$14,886,623
Net assets or fund balances, end of year
$31,266,825
Program services expenses (Part IX)
$0
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
not reported

Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: ELECTRIC REVENUE

    total $20,255,678 · related or exempt $20,255,678

  • 2b · Program service revenue: OTHER CAPITAL CREDITS

    total $457,297 · related or exempt $457,297

  • 2c · Program service revenue: POLE RENTAL

    total $379,025 · excluded $379,025

  • 3 · Investment income

    total $357,174 · excluded $357,174

  • 11a · Other revenue: GAIN ON SALE OF ASSET

    total $18,389 · related or exempt $18,389

  • 11b · Other revenue: GAS SOUTH

    total $9,309 · unrelated business $9,309

  • 11e · Other revenue, total

    $27,698

Functional expenses

Part IX, the statement of functional expenses.

  • 4 · Benefits paid to or for members

    total $2,331,290

  • 5 · Compensation of officers, directors and key employees

    total $465,947

  • 20 · Interest

    total $379,370

  • 22 · Depreciation, depletion and amortization

    total $1,124,232

  • 24a · Other expenses: PURCHASED POWER

    total $12,482,286

  • 24b · Other expenses: DISTRIBUTION MAINTENANCE

    total $1,829,887

  • 24c · Other expenses: ADMIN. & GENERAL EXP.

    total $1,048,338

  • 24d · Other expenses: DISTRIBUTION OPERATIONS

    total $964,256

  • 24e · All other expenses

    total $851,266

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,457,397 · end of year $2,027,952

  • 2 · Savings and temporary cash investments

    beginning of year $11,058,648 · end of year $9,005,625

  • 4 · Accounts receivable

    beginning of year $2,227,622 · end of year $2,432,979

  • 8 · Inventories for sale or use

    beginning of year $250,530 · end of year $272,841

  • 9 · Prepaid expenses and deferred charges

    beginning of year $190,600 · end of year $278,943

  • 10a · Land, buildings and equipment: cost or other basis

    $38,497,276

  • 10b · Land, buildings and equipment: accumulated depreciation

    $15,036,370

  • 10c · Land, buildings and equipment, net

    beginning of year $21,266,392 · end of year $23,460,906

  • 13 · Investments: program-related

    beginning of year $8,549,070 · end of year $8,674,202

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,640,922 · end of year $1,857,688

  • 23 · Secured mortgages and notes payable

    beginning of year $10,945,819 · end of year $10,519,446

  • 25 · Other liabilities

    beginning of year $2,438,002 · end of year $2,509,489

  • 29 · Capital stock, trust principal or current funds

    beginning of year $36,605 · end of year $36,735

  • 31 · Retained earnings, endowment or other funds

    beginning of year $29,938,911 · end of year $31,230,090

Mission and programs · 2025

Mission

TO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM AREA AT A REASONABLE COST CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE.

  • N/A

  • N/A

As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Ronnie M Hendricks

    CHAIRMAN

    Total calculated
    $24,499
    From this org
    $24,499
    From related orgs
    $0
    Other
    $0
    Hours/week
    4.94

  • Lorenzo Wilder Sr

    VICE CHAIR

    Total calculated
    $22,000
    From this org
    $22,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    5.77

  • Kenny Coggins

    SEC/TREAS

    Total calculated
    $22,618
    From this org
    $22,618
    From related orgs
    $0
    Other
    $0
    Hours/week
    3.48

  • James Meeks

    DIRECTOR

    Total calculated
    $20,250
    From this org
    $20,250
    From related orgs
    $0
    Other
    $0
    Hours/week
    5.29

  • Greg Hobbs

    DIRECTOR

    Total calculated
    $9,725
    From this org
    $9,725
    From related orgs
    $0
    Other
    $0
    Hours/week
    3.48

  • Ray Brumbeloe

    DIRECTOR

    Total calculated
    $11,100
    From this org
    $11,100
    From related orgs
    $0
    Other
    $0
    Hours/week
    4.56

  • John Brazelton

    DIRECTOR

    Total calculated
    $5,450
    From this org
    $5,450
    From related orgs
    $0
    Other
    $0
    Hours/week
    2.47

  • Kenneth Simmons

    PRESIDENT &

    Total calculated
    $350,305
    From this org
    $265,617
    From related orgs
    $0
    Other
    $84,688
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $257,458
    Bonus
    not reported
    Other
    $8,159
    Deferred
    $63,875
    Nontaxable benefits
    $20,813
    Filer's total
    $350,305

  • Jess Aills

    VP OF ENG/OP

    Total calculated
    $183,181
    From this org
    $134,785
    From related orgs
    $0
    Other
    $48,396
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $108,960
    Bonus
    $25,000
    Other
    $825
    Deferred
    $31,417
    Nontaxable benefits
    $16,979
    Filer's total
    $183,181

  • Brandon Salter

    LINE FOREMAN

    Total calculated
    $169,441
    From this org
    $127,991
    From related orgs
    $0
    Other
    $41,450
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $127,868
    Bonus
    not reported
    Other
    $123
    Deferred
    $12,343
    Nontaxable benefits
    $29,107
    Filer's total
    $169,441

  • Johnny Blount

    APPARATUS SP

    Total calculated
    $171,504
    From this org
    $128,131
    From related orgs
    $0
    Other
    $43,373
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $127,778
    Bonus
    not reported
    Other
    $353
    Deferred
    $22,560
    Nontaxable benefits
    $20,813
    Filer's total
    $171,504

  • Alan Wainwright

    OPS. MANAGER

    Total calculated
    $183,414
    From this org
    $136,717
    From related orgs
    $0
    Other
    $46,697
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $135,513
    Bonus
    not reported
    Other
    $1,204
    Deferred
    $25,884
    Nontaxable benefits
    $20,813
    Filer's total
    $183,414

  • Shelley Young

    VP AND CFO

    Total calculated
    $252,803
    From this org
    $187,161
    From related orgs
    $0
    Other
    $65,642
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $184,769
    Bonus
    not reported
    Other
    $2,392
    Deferred
    $44,829
    Nontaxable benefits
    $20,813
    Filer's total
    $252,803

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2025
Filed
4 May 2026
IRS schema version
2025v4.0
Source object
202621249349302417

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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